Closed

$35,000

402 W Elm St, Gaston, IN 47342

4beds

2,002sqft

Single Family Residence

Built in 1900

7,405 Square Feet Lot

$36,000 Zestimate^®

$--/sqft

$1,630 Estimated rent

Home value

$36,000

$30,000 - $43,000

$1,630/mo

Zestimate^® history

Owner options

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$1,630/mo

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$1,630/mo

Rent Zestimate^®

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$172/mo

Est. payment

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$172/mo

Est. payment

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What's special

Spacious layoutGenerous primary bedroomVersatile living spaces

**Contingent Accepting back up offers** Dive into this diamond in the rough! With 2002 square feet of possibility, this 4-bedroom, 2-bathroom home is waiting for someone with vision to restore its charm. While the photos show this property needs some TLC, its below-assessed value price tag makes it a smart investment for the handy homebuyer or renovation enthusiast. The spacious layout offers plenty of room for family living, featuring a generous primary bedroom and versatile living spaces throughout. Located in friendly Gaston, you'll enjoy small-town living with convenient access to amenities. Perfect for homebuyers willing to put in sweat equity or investors looking to flip. Don't miss this opportunity to transform a house into your dream home!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1
Main level bedrooms: 1

Bedroom 1

Level: Main

Bedroom 2

Level: Upper

Dining room

Level: Main
Area: 255
Dimensions: 15 x 17

Living room

Level: Main
Area: 208
Dimensions: 13 x 16

Heating

Natural Gas, Forced Air

Cooling

None

Features

Flooring: Hardwood, Other
Basement: Partial,Unfinished
Has fireplace: No
Fireplace features: Living Room, Wood Burning

Interior area

Total structure area: 2,908
Total interior livable area: 2,002 sqft
Finished area above ground: 2,002
Finished area below ground: 0

Property

Features

Levels: Two
Stories: 2
Fencing: None

Lot

Size: 7,405 Square Feet
Dimensions: 80 X 148
Features: Other, City/Town/Suburb

Details

Parcel number: 180233276004.000025

Construction

Type & style

Home type: SingleFamily
Architectural style: Other
Property subtype: Single Family Residence

Materials

Vinyl Siding
Roof: Asphalt

Condition

New construction: No
Year built: 1900

Utilities & green energy

Sewer: City
Water: City

Community & HOA

Community

Subdivision: None

Location

Region: Gaston

Financial & listing details

Tax assessed value: $61,700
Annual tax amount: $1,020
Date on market: 6/4/2025
Listing terms: Cash,Conventional

Price history

Date	Event	Price
8/5/2025	Sold	$35,000+0%
Source: IRMLS #202521002 Report a problem
8/2/2025	Pending sale	$34,995
Source: IRMLS #202521002 Report a problem
7/22/2025	Price change	$34,995-12.5%
Source: IRMLS #202521002 Report a problem
7/7/2025	Price change	$39,995-11.1%
Source: IRMLS #202521002 Report a problem
6/16/2025	Price change	$44,995-10%
Source: IRMLS #202521002 Report a problem
6/4/2025	Listed for sale	$49,995+257.1%
Source: IRMLS #202521002 Report a problem
2/27/2017	Sold	$14,001-30%$7/sqft
Source: MIBOR as distributed by MLS GRID #21443523 Report a problem
2/1/2017	Pending sale	$20,000$10/sqft
Source: Golden Rule Realty, LLC #21443523 Report a problem
12/30/2016	Price change	$20,000-11.1%$10/sqft
Source: Golden Rule Realty, LLC #21443523 Report a problem
11/24/2016	Price change	$22,500-10%$11/sqft
Source: Golden Rule Realty, LLC #21443523 Report a problem
9/17/2016	Listed for sale	$25,000-61.5%$12/sqft
Source: Golden Rule Realty, LLC #21443523 Report a problem
1/18/2007	Sold	$65,000$32/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,000	$61,700 +23.4%
2024	$1,000 -25.6%	$50,000
2023	$1,344 +8.4%	$50,000 -25.6%
2022	$1,240	$67,200 +8.4%
2021	$1,240	$62,000
2020	$1,240 -7.3%	$62,000
2019	$1,338 +1.4%	$62,000 -7.3%
2018	$1,320 -35.6%	$66,900 +1.4%
2017	$2,049 +54.1%	$66,000
2016	$1,330 +0.9%	$66,000 -10.2%
2014	$1,318 -9.5%	$73,500 +1%
2013	$1,456 +2%	$72,800 +2%
2012	$1,428 +291.7%	$71,400 +22.9%
2011	$365 +9.1%	$58,100 +7.6%
2010	$334 +4.3%	$54,000 -10.6%
2009	$320	$60,400